Member Info for Phoebus

Sideways at 11p on MICEX today, so still a whopping 200% gap.

SP seems to be leveling out. Push higher into close?

Code 47 spotted. Rodger. Over.

Yep. Just turned blue for the day.

Didn't expect that.

Nothing wrong with a bit of consolidation. Big move up over the last few days.

Investing isn't easy is it Bonsa? We all get the wobbles now and again. Research is the best antidote IMO ... and super dark chocolate. Remember you don't have to make back all your losses on one investment. Good luck.

Are you trading this Bonsa as you seem to be blowing hot and cold? Don't know why as the drill looks excellent. Very optimistic here.

Not sell to them, use them as custodian. But of course, I'm sure there are plenty of other options.

I agree Jezza. Why not the Russian Central Bank vault.

Who cares about the dividend. What would it have been ... 2%, 3%, 4%? If this re-rates to the current MICEX price never mind the January price then you will see a 200% uplift. How many decades of dividends is that?

With lots of major mines and gold through the roof POG is basically a printing press, so my understanding is that it's not that POG can't pay, but that the bank can't accept payment. Big difference. Given the bank is the one with the problem, surely a possible solution for POG would to be to switch to a Russian bank that isn't sanctioned and then the Russian central bank acts as an intermediary between POG's former bank and its new one. POG doesn't deal with the sanctioned bank anymore, but everyone is happy.

With lots of major mines and gold through the roof POG is basically a printing press, so my understanding is that it's not that POG can't pay, but that the bank can't accept payment. Big difference. Given the bank is the one with the problem, surely a possible solution for POG would to be to switch to a Russian bank that isn't sanctioned and then the Russian central bank acts as an intermediary between POG's former bank and its new one. POG doesn't deal with the sanctioned bank anymore, but everyone is happy.

Don't think that link was relevant actually, but I'm certain I read several articles about a gold for energy payment triangle involving one of the small gulf state. Anyone find a link?

Very interesting Tiger. Your comment reminds me of some gold for oil payment triangle to get round Iran sanctions that I seem to remember reading about a few years backs. A quick search and I find this.

https://www.al-monitor.com/originals/2017/05/turkey-uae-curious-gold-traffic.html

200% upside from here to close the gap.

Diddums.

Gold $34 up since yesterday.

Gold $34 up since yesterday.

'...the Wei-1 prospect in the Corentyne Block will be drilled in the May to August period...'.
'In the event hydrocarbons are encountered, CRI said the drilling programme may be extended.'

https://oilnow.gy/featured/cgx-prepping-for-next-target-on-corentyne-block-with-initial-cost-pegged-at-us93m/